(08-17-2019 12:33 AM)AllTideUp Wrote: Their contract was set to expire in 2023, but Dennis Dodds is talking about some pretty firm projects going into 2025 and the end of the next decade.
Found this article that highlights some of the info:
BT Powerhouse reports:
They're projecting $70 million by the end of the next decade.
ATU, what I believe has happened is that the Big 10 has signed an extension of the present contract early and that they will continue with the same pay as they are getting now and the escalators will continue to take them to 60 million by 2025 and to about 70 million by 2029-30. If you figure an escalator of about 1.35 million per year which is roughly what the SEC gets now it takes them to those numbers.
What that means to me is that rights have peaked with their last contract. That gives the SEC a solid target of 275 million to stay ahead of them provided we keep the same escalators in place moving forward. 250 million ties us with them. 275 puts us ahead to stay. But either way nobody is catching either of us and it makes Oklahoma's decision that much harder. At the current Big 10 payout they'll be at 56.5 by 2021-2. If we took the 250 well be at 56+ by 2020-21 with escalators in place if Sankey has a brain in his body. I doubt we get much of bump from ESPN in 2034. The numbers tank with a major reduction in Boomers by 2035.
If they did take the extension (and it certainly seems that way) that means that the only way they or we get another big bump is by adding two major brands.
If we renew early to get the cash infusion now it would be smart. It puts us slightly ahead but more importantly makes the gap between the B1G/SEC and ACC all the more likely to create some intense anxiety. Remember when I used to say that monetary difference and time and pressure would do their work. Where here is where it is likely to start doing just that.
Until now we've been thinking Oklahoma and Texas. Should the SEC win those and our gap grows by another 4 or 5 million the Big 10 will have options. Some options to the West and perhaps even some options to the East.
And the Big 12 will be staring our and the B1G's numbers square in the face when they try to renegotiate the Big 12 rights.
If this has happened and if the SEC gets what has been aired this could be the start of much bigger moves and some sooner than anyone thought possible.
On the other hand the Big 10 may have renewed early because they are not adding. And if that's the case we might not either unless as they said in 2012 a crown jewel comes knocking.